MANILA, Philippines – Foreign stock brokerage houses dominated local stock trades last year, signifying healthy foreign investor appetite for Philippine equities despite volatility in global financial markets.
Deutsche Regis Partners emerged as the number one brokerage firm in the Philippine Stock Exchange, accounting for 11.07 percent or P563.96 billion of total trades, last year, 2013 followed by UBS Securities, which handled P539.38 billion or 10.59 percent of total transactions.
CLSA Philippines ranked third with a market share of 9.23 percent for P470.21 billion worth of trades facilitated at the local bourse.
On fourth spot was Maybank ATR Kim Eng which handled P406.06 billion worth of trades for a market share of 7.97 percent.
Macquarie clinched the fifth place with total trades of 349.84 million or 6.87 percent of the aggregate value. It was followed by Credit Suisse Securities (P337.61 billion for a market share of 6.63 percent) and Philippine Equity Partners (P248.97 billion or 4.89 percent).
Completing the top 10 list are SB Equities, which cornered a market share of 3.62 percent for total stock transactions worth P184.45 billion; COL Financial (3.59 percent for P182.93 worth of total trades); and JP Morgan Securities (3.54 percent).
Rounding up the rest in the list of top 15 brokers are BDO Securities (2.9 percent), BA Securities (2.16 percent), Wealth Securities (1.92 percent), First Metro Securities Brokerage Corp. (1.67 percent) and DBP-Daiwa Securities (1.59 percent). –Zinnia B. Dela Peña (The Philippine Star)
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of Forced Labour and Freedom of Association protocols.
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